The Business Times, 29 May 2001

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Microfilm: NL22892
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE TUESDAY, MAY 29, 2001 85C
    12 words
  • Article
    Lock icon MARKET SUMMARY
    77 1 □sn M 7&55 (-11.20) BT-SSI 65&27 (-4.82) ST INDEX FDTUBES 1,674.00 (-11.00) SUSd FUTURES 207.70 (-1.10) STOCK MARKET INDICES Monday Change KLSE COMP §641.09 +2J7 NIKKEI 226 13.7Ji.77 -2ai5 HANG SENG 13,739.07 -1492 SET INDEX 316.88 +6.77 JAKARTA COMP S9179 +2.67 MANILA COMP —U96.12 -16.11 TAIPEI WPI 6,079.72
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  • Article
    Lock icon FINANCE
    81 1 FOREX BATES us$ s$ US$ (S$ per US$) 1.812 £(US$/S$ per S) 1.420 1572 EUBO(l"SS/S$/E) 0J60 1J67 DM 2175 1156 YEN 121.1 66.80 RM 1800 1097 HKS 7.800 1305 BAHT 45.59 25.16 RUP1AH 11.593 6J99 *S$ to 100 units PMME RATES SINGAPORE* a.80 KUALA im 7.67 JAKARTA 39.00 BANGKOK
    81 words
  • Article
    Lock icon Gus Dur to security forces: impose order
    759 1  -  But president stops short of declaring state of emergency From Shoeb Kagda in Jakarta IN a move seen as calculated to test the resolve of his political opponents, President Abdurrahman Wahid yesterday ordered security forces to impose law and order in the country.
    759 words
  • Article, Illustration
    Lock icon 4 days to go, but queue at exec condo
    846 1  -  Official booking for 83 lst-ph&se units at Bk Batok condo starts on Thursday By' Vince Chong [SINGAPORE] Home-buying vigils are back. Four days before sales of Bukit Batok executive condomintam (EC), The Dew, begin, a queue of homebuyers has already formed
    ARTHUR LEE  -  846 words
  • Article
    Lock icon Serial trawls ex-chief's e-mail, diaries
    520 1  -  It alleges he had takeover in mind since October By] David Boey [SINGAPORE] Serial System Ltd yesterday alleged that its ousted chief executive officer, Eddie Chng, had planned since last October to take over the company. At a media briefing following the company's annual general
    520 words
  • Article, Illustration
    Lock icon $50m tag seen as OG plans sale of Orchard building
    389 1  -  Seller understood to be open to leasing back building for a short period By Kalpana Rashiwala [SINGAPORE] Retailer OG, which recently bagged the Orchard Point mall, is planning to put up for sale its nearby OG Building, situated diagonally across
    389 words
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      159 1 INSIDE Top Stories DBS preference share makes dismal debut. Pg 4 Value of funds managed down: poll. Pg 7 HK private economists slash growth forecasts. Pg 13 BT Comment Siow Li Sen: Focus on creditworthiness, not age, for home loans. Pg 4 Campus Life Pursuing a degree in Germany. Pg
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      48 1 Towards a new Why <!!,! Lee Han Shih on East Asian jg i 1 slowing down of economic model i 1 j r I industrial land sales v- i' I Page JO iil Comment. I'«.?• f i Knowledge Economy, Page 25 Commentary: Classic Gus Dur at work? Next Page
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  • NEXT page
    • Article
      Lock icon Li Ka-shing set to expand global port empire
      498 2  -  Hutchison Port's acquisition of ICTSI's overseas unit will give it investments in 6 countries From Quak Hiang Whai in Hong Kong ALREADY the world's biggest port tycoon, Li Ka-shing continues to aggressively expand his global port empire as his vehicle Hutchison Port
      498 words
    • Article, Illustration
      Lock icon Classic Gus Dur at work?
      743 2  -  ASEAN And is this a cruel joke on Megawati a 'Supersemar IT? yang razaii kassim HE has warned he would declare a state of emergency and dissolve Parliament if the hostile House pushes ahead this week to impeach him. But with the military and almost
      743 words
    • Article
      Lock icon GES gets nod to control Eltech for 32 cents a share
      487 2  -  General offer to follow with cash alternative of 34.88 cts a share By Ling Su Ann [SINGAPORE] Personal computer maker GES International yesterday said it had finally received the go-ahead to acquire Eltech Electronics in a deal worth up
      487 words
    • ON THE grapevine
      • Article
        Lock icon Does this smell good?
        87 2 MICROSOFT'S PR efforts in Singapore have taken a decidedly olfactory turn. A couple of weeks ago, to make the point that Microsoft's software works with Java, we received a small box of coffee beans. And this week we received a single blossom of gerbera to promote
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      • Article
        Lock icon Nicely Put
        59 2 ANTHONY Neoh, chief adviser to the China Securities Regulatory Commission, noted last week at the ACI World Congress gathering of government authorities and financial players that the Chinese character for jurisdiction or control is made up of two radicals vehicle and harm. "Hence policy makers should be aware
        59 words
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      200 2 M HUB LO T CHRONOGRAPH that Sensational Feeling Si ri'i i m i Sll rd i Kiiiiii i< Sik M'. Ki sisi wi \si wiiii S( k I -1 <>( KI K< I\\ \V \l I U-Rl sIS I I In 100 M I ,\>o 111 11. S<ji'iiisl l< \i11)
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  • SINGAPORE companies
    • Article
      Lock icon KepLand's securitising scheme to unlock its value: chief
      576 3  -  Securitisation is expected to take place by the year-end From j Andrea Tan in Shanghai KEPPEL Land's securitisation plans, expected by the end of the year, will help unlock value for shareholders, its chairman Lim Chee Onn said yesterday. "We are in
      576 words
    • Article
      Lock icon SembCorpto raise $250m in MTN plan
      400 3  -  Byi Conrad Raj JUST a month after scotching speculation that it was about to raise funds through a bond issue, SembCorp Industries announced yesterday that it was raising $250 million under its medium term note (MTN) programme. South-east Asia's largest infrastructure engineering company will
      400 words
    • Article, Illustration
      Lock icon M1's US$1.2b unofficial floor price draws 3 major bidders
      562 3 Vodafone leading contender while Orange drops ont Reuters SINGAPORE'S second cellular operator Mobile One (Ml) is seen attracting three major bidders after having set an unofficial minimum floor price of US$l.2 billion, industry sources said yesterday. A bid from British mobile
      Reuters; FILE PHOTO  -  562 words
    • Article
      Lock icon Liang Huat in tech stake sale talks
      143 3 LIANG Huat Aluminium disclosed yesterday that it was in talks with strategic investors which, if successful, will produce substantial gains. Queried by the Singapore Exchange on the possible reasons for the recent increase in the price and volume of its shares, Liang Huat
      143 words
    • Article
      Lock icon DBS preference share makes dismal debut
      426 4  -  It closes 30 cents below par at $99.70; debut plagued by numerous error trades By\ R Sivanithy DBS Bank's preference shares made a disappointing debut on the local stock market yesterday, closing below their par value in thin volume. They also attracted attention because
      426 words
    • Article
      Lock icon Osprey to sell LNG ops to subsidiary for US$635m
      232 4 Reuters SINGAPORE'S Osprey Maritime said yesterday it agreed to sell its liquefied natural gas (LNG) operations to new subsidiary Golar LNG for US$635 million as part of a restructuring exercise. The marine and chartering services provider said in a statement the
      Reuters  -  232 words
    • Article, Illustration
      Lock icon Red chips looking attractive: UOBKayHian
      553 4  -  SGX-listed China plays are a good way to gain exposure By} Ling Su Ann RED chips are looking attractive again, stockbroker UOBKayHian says in a recent report. And for Singapore investors, China plays are right at their doorstep as an increasing number of Chinese companies
      Source: UOB Kay Hian  -  553 words
    • Article, Illustration
      Lock icon SIA launches new communication, flight alert systems
      246 4  -  By] Beth Jinks SINGAPORE Airlines (SIA) yesterday launched new passenger alert and communication systems as part of its ongoing $700 million investment in information technology. The new services include a global flight alert system and a personalised, localised Internet information site. In a
      ARTHUR LEE  -  246 words
    • Article
      Lock icon Focus on creditworthiness, not age, for home loans
      742 4  -  lock siew siow li sen IF YOU are approaching retirement age, you may have a hard time trying to get a decent mortgage. Because the banks certainly don't make it easy for you. Banks here have an age limit of 65 for
      742 words
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      132 3 CREDIT FIRST SUISSE BOSTON Ist1 st IN SINGAPORE RESEARCH. THE ONLY THING MORE GRATIFYING THAN THAT I www.csfb.com First Team Singapore Research Best Research Firm Singapore Institutional Investor All-Asia Research Rankings Asiamoney Brokers' Poll It's the goal of Credit Suisse First Boston's dedicated equity research team to provide clients with
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      170 4 WtmESKBBmm »r-;, Tntal Enterprise Automation A full value-packed programme comprising a cluster of three The 7th international showcases that will present you Industrial Automation with Exhibition A solutions demonstration on the complete integration of manufacturing, process and control automation, logistics and distribution. Total AMASIA and innovations, solutions, The 2nd products
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      127 5 i f ,jf i Hv A v jvIH^B Bfl i-•: flßßi Vfl II fll ,^^^^^^^^^B«fc*^ **%*tfr^^^-WMMBP g s MHH^H^BHR V^^BHre A BETTER WORLD. At the World Economic Forum in Davos, Switzerland, Compaq and its key technology partners empowered 2,200 leaders with a common link: a wireless infrastructure that was conceived,
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Penny stocks still a hive of activity as funds stay away
      596 6  -  STOCKS r. sivanithy AS expected, the closure of Wall Street for the US Memorial Day holiday robbed the local market of direction yesterday, leaving penny stocks to make the running once more. The action in the second line was
      596 words
    • Article, Illustration
      Lock icon Want Want wrt: a 'China play?
      176 6  -  WARRANT WATCH By R Sivanithy LOCAL broker UOB-Kay Hian was quoted by Reuters yesterday as saying that China plays listed here are undervalued because of poor research coverage. Also, stocks in the China market trade at higher price-earnings ratios than here, so had the
      176 words
    • Article, Illustration
      Lock icon SMRT falls below key 85-cent level
      229 6  -  HOT STOCK Byy Ven Sreenivasan THE stock of rail operator SMRT Corp fell through a key support level yesterday on worries about current-year earnings growth. It slipped 3.5 cents to 83 cents still above its 60-day moving average of 80 cents, but below vital
      229 words
    • Article, Illustration
      Lock icon Trade range-bound ahead of key US labour data
      535 6  -  I=i i comment CURRENCIES US dollar surges 1-3% to 11,600 rnpi&h; watch for key euro tops at 87 US cents, 104 yen and 551.5720 larry wee DESPITE a disappointing session on Wall Street last Friday, price action in currency markets was back
      Source: Reuters  -  535 words
    • Article
      Lock icon Untitled
      339 6 Stocks Volume WahShingHKlc 42.433,000 Autron 25,445,000 K1 Ventures 10c 20,817,000 Hotung Inv NT5 19,024,000 TianJinZhong 12,911,000 Frontline 5c 12,044,000 Erurer 11,894,000 GMG Global 5c 11,789,000 SingTel 15c 11,181,000 AddvdITech 2.5c 10,624,000 Stocki SingTel 15c 18,708,830 Chart Semiconductor 26c 18,269,250 UOB 18,151,610 Tianjln Zhong 16,809,015 Datacraft 10c 16,537,053 Autron 14,439,180 Omni
      339 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2934 6 UNIT TRUSTS FUNDS Manager's prices (Ss):May 29 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.786 0.826 Global Technology Fd!** 0.734 0.771 UK Blue Chip Fd!** 0.777 0.817 American Opport Fd 0.878 0.923 Cont Euro Eqty Fd!** 1.085 1.140 Japan Eqty Fd!** 1.266 1.330 Asian Fixed Income
    2,934 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Wholesale trade growth slows
      264 7  -  ■4i=Ton the economy wholesale trade By Eugene Low AFTER six consecutive quarters of double-digit expansion, domestic wholesale trade growth slowed to 6.6 per cent year on year during the first three months, figures from the Department of Statistics (DOS) show. Growth was fuelled by active trading
      Source: Dept of Statistics  -  264 words
    • Article, Illustration
      Lock icon Visitor arrivals drop 3.8% in April to 612,800
      288 7  -  Marissa Chew VISITOR arrivals in Singapore fell 3.8 per cent in April compared with the same month last year thanks to an unusually high number of visitors in April 2000. Figures from the Singapore Tourism Board (STB) show that 612,800 people visited
      Source: STB  -  288 words
    • Article
      Lock icon Factoring services in Asia hit 69.7b euros
      305 7  -  Byi Chua Hui Min THE volume of factoring services in Asia excluding South Korea grew 147 per cent from 28.2 billion euros (5543.9 billion) in 1995 to 69.7 billion euros in 2000, says a report by Amsterdam-based Factors Chain International. Asian countries which
      305 words
    • Article, Illustration
      Lock icon Funds managed up just 1% in 2000
      540 7  -  Growth a far cry from 1999's 82% surge: MAS survey By Marissa Chew HURT by lacklustre stock markets, the value of assets under management in Singapore rose just one per cent last year to $276.2 billion, a survey of the funds management industry
      Source: MAS  -  540 words
    • Article, Illustration
      Lock icon Asia-Pac to see more Net devices than PCs
      245 8  -  IDC forecasts 83% annual growth over next 5 years against 21% for PCs By Andrew Wee LOW-COST Internet devices are expected to outnumber consumer personal computers (PCs) in the Asia-Pacific, excluding Japan, according to a study by International Data Corp (IDC). According
      Source: IDC  -  245 words
    • Article
      Lock icon Slow start for power retailers
      472 8 None has won over customers from Power Supply yet Reuters [SINGAPORE] Independent power retailers are jostling for market share in Singapore's deregulating electricity market, but none so far has managed to tempt a customer away from the traditional state supplier. Retailers began receiving licences to
      Reuters  -  472 words
    • Article
      Lock icon Prudent to compare investment product fees
      533 8  -  MAIL PETTI Isaac Kelvin Tan Lee Thong Singapore AS a fund investor, I am quite surprised that Singaporeans would actually agree to pay more for an investment fund from an insurer when they can get the same fund from the market at a cheaper
      533 words
    • Article
      Lock icon Staff's pay adjusted just once a year: DBS
      156 8  -  Tong Chi Lian (Mrs) Managing Director Human Resources DBS Bank I REFER to your article on May 25, "DBS in drive to cut staff costs and other expenses". Indeed, enhancing cost effectiveness is a vital part of any performance-based organisation. In the
      156 words
    • Article
      Lock icon Metalock denies report of any plans for merger
      230 8  -  Seah Cheng San General Manager Corporate Services Metalock (Singapore) Ltd WE refer to the report "Now it's back in black, Metalock seeks merger" (BT, May 26) by Ven Sreenivasan in your newspaper. The report carried the sub-heading "Executive chairman claims several suitors
      230 words
    • Article
      Lock icon SGX's reply on ETFs left several questions unanswered
      325 8  -  Sim Siew Tin, Carol Singapore I APPRECIATE the reply from the Singapore Exchange (Mailbag, May 26) to my letter related to ETFs, as SGX does not always respond to letters published in this column. However, the reply did not address the point
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      34 7 A. K PATEK PHIUPPE GENEVE /J^^^Bp ,r i x. iiiiHl I J,W illi w "®JbBL liw v^■j l| jH%kMi^ ■f §r y WtM£F*'' ~"'z j Jp' pK, mrit'' Mi J H|V J >^ J I
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      314 8 Since 1975 our worldwide staff of over 27b nuilll disr ipi ined professionals A V J \4 includinq lawyers chnrtered accountants W chartered secretaries ,md bankers havei k v provided confidential and cost effective company formation in all the ma|or low t' l areas including Incorpoi.thon fees from The world's
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      799 8 TASTYFOOD HOLDINGS LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 30 Tuaa Avenue 12. Jurong Town. Singapore *****4 on 18 Jum 2001 at 9.00 am for the following purposes: AS ORDINARY BUSINESS 1. To receive and
      799 words
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      67 8 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
      67 words
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  • FOCUS property
    • Article
      Lock icon Ubi Techpark first phase units get TOP
      222 9  -  liy\ Vince Chong ÜBI Techpark is ready to receive tenants for its first phase units, which obtained their temporary occupational permit (TOP) last week. The Übi Crescent complex, jointly developed by Capita Land and MCL Land, comprises 600 flatted, strata terrace and landed
      222 words
    • Article, Illustration
      Lock icon Industrial land sales: cutback no surprise
      573 9  -  I I comment PROPERTY But the surprise is that JTCs opinion In April was that demand at Tuas was still strong lee han shih JTC Corp spoke too soon, it would appear. Last month, its managing director Chong Lit Cheong told reporters that industrialists
      573 words
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      198 9 $ite into mM RAJM CATtftM* mK Eh m r«* *4. -as k 2 $S6iX fw. $44 ilk (1.-afrOM) WcHttt CAlftH* 9m *\rt\e s Classified. IS with The SW* WMM fVHT. pF ICA.TA Buy k. Sal It Rad It AIR FREIGHT A SPECIAL FEATURE SHIPPING TIMES 20 JUNE 2001 I fJ^WBTTSTH
      198 words
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      309 9 I UU*-* srr-\T I V) I I J2?"* JTC A r .<P\ V Industrial Estate H I Crtipont J y I V.v w—\X I K <\ Y\ I TfSSm Ji-S) I ti l -^'l.— vE nue—i_ I Y j w9 i SS o^*"9 L 8 •sSfSjSHI I c£2£' TacfcChang l
      309 words
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      172 9 i I ONES Lang w LaSalle. AYER RAJAH VICINITY INDUSTRIAL BUILDING FOR SALE Gross Area: Approx 78,912 sq.ft Site Area: Approx 50,742 sq.ft •Tenure: 30 years wef December 1995 •4 Storey Purpose Built Detached Factory Corporate image, 2 cargo/1 passenger lift For enquiries, please contact Sole Marketing Agent M Corporate
      172 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon The world pushes the US at its peril
      770 10  -  mum bottom line OPINION leon hadar The writer is BT's Washington correspondent ANALYSTS have been trying in recent months to deconstruct President Bush's global agenda. One of the favourite labels used to describe the plan to develop a shield to defend the
      770 words
    • Article
      Lock icon IN OTHER WORDS
      56 10 'Japanese youths want to be blonds, work less and play more. The traditional Japanese and Eastern culture is being discarded and replaced with Western culture with disregard for filial piety and discipline/ -lhfarthirll«h«m.il the Malaysian prime minister, after noticing on a trip to Japan the country's young
      56 words
    • Article
      Lock icon Chinese walls won't do
      628 10 EDITORIAL AS the local capital markets deregulate, there has been much discussion on corporate disclosure, corporate governance, executive compensation and the appropriate role of the regulators. This is the way it should be; deregulation challenges market players to seize the initiative by looking hard at problem
      628 words
    • Article, Illustration
      Lock icon East Asia needs its own suitable economic model
      1313 10  -  It would be disastrous for the region to adopt the US corporate model and other inappropriate Western-oriented strategies By Augustine H H Tan The writer is deputy director, Wharton-SMU Research Center, Singapore Management University president, Economic Society of Singapore IN January 1997,
      1,313 words
    • Article
      Lock icon Tough decisions needed on energy
      790 10  -  COMMENTARY The present energy debate in the US may stalemate By Robert J Samuelson The Washington Post Writers Group [WASHINGTON] THE American idea of an energy debate is to preach conservation while driving to the mall in an SUV to buy a new computer and
      The Washington Post Writers Group  -  790 words
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  • MALAYSIA news
    • Article
      Lock icon Quek Leng Chan sells Nanyang to Huaren for RM230m
      525 11  -  Deal is sealed after Dr Mahathir says he won't stand in way ofHnareninitsbid for Nanyang Re]torts by] Eddie Toh in Kiiala Lumpur MALAYSIAN tycoon Quek Leng Chan has sold Nanyang Press to the investment arm of the Malaysian Chinese Association (MCA)
      525 words
    • Article
      Lock icon Telekom M'sia open to SingTel role in Thailand's DPC
      372 11 BANGKOK Exec says new partner welcomed if it boosts company's competitiveness AFX-Asia TELEKOM Malaysia appears to be softening its hard-line stance against the entry of rival Singapore Telecommunications as an investor in Digital Phone Co (DPC), the Bangkok Post reported, quoting
      AFX-Asia  -  372 words
    • Article
      Lock icon MAS full-year loss seen to triple on interest and fuel costs
      310 11 The carrier is expected to report a loss of RM834.8m Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd's (MAS) full-year loss probably more than tripled because the national carrier's borrowing costs rose, jet fuel prices reached a record high and
      Bloomberg  -  310 words
    • Article
      Lock icon OCBC's M'sian unit starts cashing in on Nanyang Press, selling 1.16m shares
      210 11 THE Malaysian insurance arm of Singapore's OCBC Bank started cashing out of Nanyang Press when the investment arm of the Malaysian Chinese Association (MCA) was rumoured to be interested in buying it over. Last night, Malaysian tycoon Quek
      210 words
    • Article, Illustration
      Lock icon No decision yet to buy 2 firms' rail assets: Dr M
      413 11 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday the government had yet to decide whether or not to buy back assets of two debt-laden light rail operators. "We haven't decided, we are studying their problems, to find
      Reuters  -  413 words
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      988 11 Buy a Dell™ PC and you know you are buying a computer that delivers you awesome ygjScjjy speed, power and performance. If however you feel differently, return your computer within 30 days and you'll receive your money back. Because at Dell™ we believe that if you're not happy, we're not
      988 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Kidnapping weighs on Manila shares, the peso
      463 12  -  Latest Abu Sayyaf caper will also hurt already weakened tourism industry From i Al Labita in Manila THE latest kidnapping incident has sent a frisson of unease through Philippines' markets, dragging down anew shares and the peso, while the tourism industry is expected
      REUTERS  -  463 words
    • Article
      Lock icon Thaksin says he has not ordered increase in rates
      489 12 BANGKOK But central bank most follow results of studies, he says Reuters THAI Prime Minister Thaksin Shinawatra said yesterday he had not ordered the central bank to push banks to increase deposit interest rates. "I have not ordered them (to raise
      Reuters  -  489 words
    • Article
      Lock icon China backtracks on pledge to free up rates
      321 12 BEIJING Liberalisation conld now take np to 10 years central bank AFP CHINA'S central bank yesterday put out a none-too-subtle hint that it had slowed down liberalisation of interest rates, considered a key element in the reform of the country's banking sector.
      AFP  -  321 words
    • NOTE Book
      • Article
        Lock icon Chen backs normal China-US trade ties
        81 12 AFP [TAIPEI] Taiwan President Chen Shui-bian has held out a new olive branch to rival China in declaring support for the communist giant enjoying normal trading relations with the US. During a visit to Guatemala, Mr Chen also said: "We would be pleased to
        AFP  -  81 words
      • Article
        Lock icon KL opposition figure arrested
        103 12 AP [KUALA LUMPUR] Authorities arrested an opposition leader on suspicion of sedition yesterday, nearly a week after he gave a speech aimed at drumming up support against Prime Minister Mahathir Mohamad. Plainclothes policemen seized Azman Marjohan, 32, at his home in Teluk Intan district in northern
        AP  -  103 words
      • Article
        Lock icon San Miguel in talks to buy Zest-O
        63 12 Reuters [MANILA] Philippine food and beverage conglomerate San Miguel Corp is looking at acquiring local ready-to-drink juice maker Zest-0 Corp and also spinning off a new company, the Philippine Daily Inquirer reported yesterday. San Miguel has begun initial discussions with Zest-0 but nothing
        Reuters  -  63 words
    • Article
      Lock icon Taiwan to ease rules for investment bound for China
      383 13 TAIPEI Bloomberg THE Taiwan government will increase the portion of funds publicly traded companies may invest in China from capital raised by selling shares or bonds overseas, the finance ministry said in a statement. The government plans to raise the limit
      Bloomberg  -  383 words
    • Article
      Lock icon CyberWorks' US$22b write-off: no US nod yet
      231 13 HONGKONG SEC seen unlikely to okay goodwill offset against reserves Bloomberg PACIFIC Century CyberWorks Ltd, Hong Kong's dominant telephone company, said the US securities regulator hasn't ruled on a request for permission to write off US$22 billion in goodwill against reserves. "The decision
      Bloomberg  -  231 words
    • Article
      Lock icon HK private economists slash growth forecasts
      675 13  -  Move follows govt's downward revision of projected growth from 4% to 3% From Quak Hiang Whai in Hong Kong PRIVATE economists are following up on the Hong Kong government's revision on economic growth last week with the Hong Kong General Chamber of Commerce (HKGCC)
      675 words
    • Article
      Lock icon Bank of China's merger of HK units under way
      397 13  -  BOC Group wring HK-based Pt Sang Bank as vehicle far restructuring Fromi Quak Hiang Whai in Hong Kong THE long-awaited merger of the Hong Kong subsidiaries of Bank of China Group (BOC) has got under way as BOC announced it will
      397 words
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      565 12 flPIc IT■ i ii f A- <£ SMr j 4^rr *i vi jyHjH s##!ir. %aBBT.'-fff -k ar ■RP"- 'JwMr >, IM, 'i J .JU KP^7 *m3c^"^H umk *%!> 5 V n,SFw^m^^^^Kmll^BMK < <= i iijifigrwiiii i f' ii -^T^^^^Hft&jrit^^MdnV^^K^^Biß9C2^!^^H^^^^^^^^H f M.-flh .gj^ hi r •'«Wp®^S|^&ggS!'s3 *'1? r-*-.%sWM***& j£\ *SP •'W
      565 words
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      301 13 generation business y'aJßppjg|y|^^ Save time, space and cost with a ThinkPad or Net Vista that comas pre-loaded with Microsoft• Office 2000 Small Business. /BM understands that small businesses have special needs. And we've never been more ready to fulfill them. That's why pre-installed our ThinkPad and Net Vista with Microsoft®
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      3055 14 G£z£! GES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF ELTECH ELECTRONICS LTD Introduction Financial Adviser The Board of Directors of GES International Limited ("GIL") is pleased to announce a proposed acquisition of Eltech Electronics GIL has appointed BNP Paribas Peregrine (Singapore) Ltd CBNP") to act as
      3,055 words
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  • e-NEWS
    • Article
      Lock icon Intel aims new powerful chip at corporate market
      426 15 SAN FRANCISCO Itanium chip's 64-bit design can process larger amounts of data essential for IT applications FT INTEL will launch its most powerful microprocessor yet today, in an attempt to move its chips into large corporate IT systems. Leading computer manufacturers will
      FT  -  426 words
    • Article
      Lock icon US arrests ex-CEO of Belgian firm on charges of fraud
      318 15 BOSTON Marshalls seize him while he is sunbathing Reuters A FORMER chief executive of Belgium's troubled Lernout Hauspie Speech Products NV (L&H) was in a Boston-ar-ea jail on Sunday after being arrested on a Belgian warrant accusing him of fraud
      Reuters  -  318 words
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      Lock icon DoCoMo's video cellphone service trials delayed
      258 15 TOKYO Bloomberg NTT DoCoMo Inc, the biggest mobile phone company by market value, will delay trials of cellphones with video capabilities for up to a month. The company detected software bugs in handsets it planned to use in trials and failed to win government
      Bloomberg  -  258 words
    • Article, Illustration
      Lock icon Dell posts 42% growth in Asia-Pacific revenue
      492 15 SINGAPORE Its Q1 growth rate is 4 times that of overall regional PC market Reuters DELL Computer Corp, the world's number one personal computer maker, said yesterday its Asia-Pacific revenues for the February to April quarter rose 42 per cent and unit shipments
      Reuters  -  492 words
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      213 15 Your business depends APC S desktop-to-data center product range is tailor-made for the current, A jtfk on computing. To compete jJH global e-business environment and successfully in a global its need for 24x7 availability. economy a company's computer system Discover ARC'S end-to-end range of technologically advanced, award- v -.-w mUSt
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  • WORLD news
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      Lock icon OM now wants to make friendly bid for LSE
      604 16 STOCKHOLM But fond managers remain sceptical about whether it would succeed Reuters SWEDISH bourse operator OM AB wants to make another bid for the London Stock Exchange (LSE), OM chief executive Per Larsson said yesterday. "We will not make a hostile
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      Lock icon UBS Warburg, Morgan Stanley trade insults
      330 16 NEW YORK The spat is over break-up of joint move to raise USslb FT ÜBS Warburg and Morgan Stanley are trading Insults in a spat over the break-up of a joint initiative to raise US$l billion on Wall Street. The two banks were to
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      Lock icon Alcatel set to announce Lucent takeover: reports
      268 16 PARIS AFP THE boards of Alcatel SA and Lucent Technologies Inc could vote on the deal last night and an announcement could come as early as today if the transaction is approved, executives close to the discussions said yesterday. The New York Times
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      Lock icon Japan village shocks nuke power industry
      388 16 TOKYO But govt vows to press ahead after vote against use of recycled nuclear fuel Reuters SHOCK waves rippled through Japan's energy industry yesterday after a small village voted to reject the use of a controversial recycled nuclear fuel in the latest blow to
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      Lock icon Tom Daschle vows to block Bush agenda
      440 17 WASHINGTON The incoming US Senate majority leader takes office next week FT TOM Daschle, the incoming US Senate majority leader, vowed on Sunday to block key portions of President George W Bush's agenda, including deployment of a national missile defence system and oil
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      Lock icon GlaxoSmithKline to review network of R&D sites
      413 17 LONDON Some smaller labs could close in global drive to cot costs FT GLAXOSMITHKLINE is undertaking a "facilities master plan" aimed at assessing which, if any, of its 24 global research and development sites should be closed or redeployed. The newly merged An-glo-American
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      Lock icon Rule aimed at rich set to backfire on US tax cuts
      370 17 WASHINGTON Arcane surcharge threatens to slash huge tax breaks LAT-WP WITH one hand, Congress gave taxpayers a generous present in the form of a huge tax cut. But as budget experts pored over the fine print, they discovered that
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      Lock icon Keny Packer plans Internet gaming shift to Vanuatu
      317 17 SYDNEY AFP AUSTRALIA'S wealthiest man, media tycoon Kerry Packer, is planning to shift his Internet gaming operation to Vanuatu to dodge restrictive Australian legislation, reports said yesterday. A move to the South Pacific island nation would allow the Packer family company, Publishing
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      124 16 The Jaguar S-Type. High on prestige. High on performance. High on presence. Thankfully, It's low on COE. ($O, in feet.) The Jaguar S-Type from $220,000* onwards. Now with an amazing FREE COE package. Don't dream it. Drive it. Now. Call 378 2624/378 2625 today to arrange for a test drive.
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      42 17 p o o -V c <D JQ &> jC o to r*&\JSsr>. 1 Company Bangalore Leading to results.™* I Deutsche Bank Making happen. I IB f L Sales L Corporate Finance L Transaction Banking L Asset Management L Private Banking L Personal Banking
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  • FINANCE & commodities
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      Lock icon STI May contract moves down
      263 18  -  S6Z Derivatives Trading Report STtadai/MSCIS^oreUIn Daniel Wong Refco Singapore Pte Ltd SINGAPORE stocks fell yesterday on concerns that the slowing US economy would affect demand for Singapore goods. The benchmark Straits Times Index fell 11.2 points, or 0.7 per cent, to end at 1,676.55 points
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      Lock icon Futures fall on poor market sentiment
      246 18  -  MSCI Taiwan Index Daniel Wong Refco Singapore Pte Ltd TAIWAN stocks moved down yesterday on low volumes. The MSCI Taiwan Stock Index fell 3.54 points, or 1.48 per cent, to end at 235.33 points. The turnover for the index was 289.88 million. Gainers trailed
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      Lock icon CURRENCY REPORT
      226 18 Reuters Loafl— The euro fell around a quarter per cent against the US dollar yesterday, hugging a tight range in holiday-thinned trade, as caution set in ahead of a key speech by European Central Bank chief Wim Duisenberg. But the single currency rose a quarter per cent against
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      Lock icon Untitled
      1216 18 MTBtMHCEOggMTBg May 28 AS CSffcDw Fir PwHK$N>dt> N»>H Yen Wow m H2$ Pafc ts Peso S$ Rand Sfr NTS Baht Poond US$ Australia 0.805 4321 0.606 3.974 1.185 4.062 24.448 60.368 0.631 6.747 1979 1.226 32.693 26.438 0.943 4.111 0.925 17.445 23.738 0.367 0.521 Cauda 1242 5.368 0.752 4.935 1472
      1,216 words
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      Lock icon Untitled
      1920 18 SICOM FUTURES May 28 RU88ER (futures closing e at 5.30pm) RSS1 CONTRACTS cents/kq) Close Vofane Opt* Month High Low S«tt (tones) Interest Jun 01 1M.25 Jul 01 1M.25 250 Aug 01 114.50 250 Sep 01 116.00 250 RSS 3 CONTRACT (US cents/kg) Vdw* Opon Month H» iw 5<tt (tomes) Interest
      1,920 words
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      29 18 N M ROTHSCHILD SONS X 9¥tr 200 ytmrt of banking Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 _fi ,lf Email: treasury@rothschild.com.sg Cflll Rothschild Trcssuiy Scrviccs tOdiy« Website: www.nmrothschild.com.sg
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  • STOCKS east asia
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      Lock icon HK dips, but China-linked stocks continue to rally
      2850 19 HONG KONG AFP Hang Seng -1432 HONG KONG share prices retreated yesterday following Wall Street's falls, but the market ended just 0.1 per cent down as late bargain-hunting reversed early losses, dealers said. The key Hang Seng Index lost 14.92 points to
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      Lock icon Wall Street slump drags down Tokyo
      2115 19 TOKYO AFP □Nikkei 22S -2805 SHARE prices in Tokyo closed 0.2 per cent lower yesterday as buying fell in line with a decline on Wall Street, brokers said. The Nikkei Average of 225 select issues lost 28.15 points to 13,737.77. The Topix Index of
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      Lock icon CHINA
      1242 19 Reuters CHINA'S B shares ended mixed yesterday after racking up new highs, as Shenzhen shares dipped on late profit-taking in high-priced stocks like software maker Benelux Enterprises, which dived 5.49 per cent. Brokers said investors were now on the lookout for B share initial public offerings. A reasonable market
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      Lock icon TAIPEI
      387 19 AFP WP Index -9036 •V TAIWAN share prices closed 1.75 per cent lower yesterday amid concerns over the island's economic outlook and mounting pressure on the local currency, analysts said. The Taiwan Stock Exchange Weighted Price Index fell 90.36 points to 5.079.72. on this year's lowest turnover of NT532.74
      AFP  -  387 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8727 20 INDUSTRIALS Conswntr protects 2001 Last Vol Day Nat Cap High Low Company Sala 'OOP High Low P/C jmll 340 290 Ajinomoto 304 14 t 304 304 9.1 123.2 45 24.5 Anqkasa 29 2 7 29 29 42.8 342 202 Apollo Food Hlq 310 -2 1 310 310 6.7 124.0 356
      8,727 words
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      Lock icon Index heavyweights prop up KL market
      404 20 AFP. AFX-Asia ffifompoate Index *137 MALAYSIAN shares closed 0.4 per cent higher yesterday following gains in index-linked heavyweights, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 2.37 points at 566.09. The Second Board Index fell 0.33 point to 106.21. Volume traded
      AFP.; AFX-Asia  -  404 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      1753 21 BONDS A WARRANTS May 28 ■t VraH Prm/ mt mi Day utMMtt *«i imm« tm um mm m m ««r rmi w u» »«y» cmmi» wm 6wrt»» uw 37 O.S AcmaW*****4 0.9 uneh M 0.8 0.9 0.8 1 41.0 1 100 Ml §7.00 2 15 2.5 I AIITochW*****7 3 1
      1,753 words
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      Lock icon SEOUL
      313 21 AFP CI Composite Index -5.64 SEOUL'S Composite Index fell 0.9 per cent, or 5.64 points, yesterday to 618.47. Volume slid to 430 million shares worth I.Btrillion won. —AFP ma w— Arum Semi 4740 90 Brain Ttcft 710 45 Central Bank 170 unch Cheil Corom *****0 unch Da* Gu Bank
      AFP  -  313 words
    • Article
      Lock icon MANILA
      287 21 AFP jpOwnporite Index -15.11 PHILIPPINE shares fell 1.1 per cent yesterday. The Composite Index ended 15.11 points lower to 1,395.12. Volume fell to 286.25 million shares worth 411.92 million pesos, from 406 million shares worth 1.07 billion pesos in the previous trading day. AFP May2» Ptto COOP) Abacus Construction-
      AFP  -  287 words
    • Article
      Lock icon WELLINGTON
      274 21 AFP n«SE-40 -U7 NEW Zealand stocks closed barely lower yesterday in quiet trade characterised by a lack of fresh leads. The NZSE--40 Capital Index fell 1.17 points to 2,051.55 on a total turnover of NZ536.10 million. Analyst John Cobb of JB Were said the day lacked both turnover and
      AFP  -  274 words
    • Article
      Lock icon SYDNEY
      548 21 AFP NAD Ordinaries -4.90 AUSTRALIAN shares ended slightly lower yesterday. The All Ordinaries Index closed 4.9 points down at 3,356.8. The SP/ASX 200 Index moved down six points to close at 3,420.1. The All Industrials Index fell 17.3 points to 5,711.3, while the All Resources rose 12 points to
      AFP  -  548 words
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      Lock icon BANGKOK
      733 21 Reuters Pf SET Index +5.77 THAI stocks rose yesterday with gains in the finance sector, as investors snapped up shares seen as undervalued despite a fall on Wall Street. The Stock Exchange of Thailand (SET) Composite Index moved up 5.77 points, or 1.85 per cent, to close at 316.88
      Reuters  -  733 words
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      Lock icon JAKARTA
      733 21 AFP Composite Indei +2.67 INDONESIAN share prices closed 0.7 per cent higher yesterday on a rise in blue chips, with President Abdurrahman Wahid's instruction to restore order nationwide having little impact, dealers said. The Jakarta Stock Exchange Composite Index closed up 2.67 points at 392.79 on a volume of
      AFP  -  733 words
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  • Article
    Lock icon STOCKS sgx
    8313 22 SGXMAINBOARD Gr Or M MR 52-Wh Last Val Day UttQwH Mr Mv TW MM Cao A»s W0> ion Company Sate W- fOPW W* tow »nyr Sdter CV Wi W Wn MULTI-INDUSTRY 143 35 cAcmaSOc 435 cd +15 5745 46 42.5 43 43.5 0.5 19.9 0.6 11.4 75.5 40
    8,313 words
  • Page 22 Advertisements
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  • Page 23 Advertisements
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      279 23 Where to wine, dine and entertain../"""? jMß^^ 1 For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin.
      279 words
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      Lock icon Page 23 Advertisements Column 2
      51 23 BSSuJfcJKLJi M DIANXIN AT THE NEPTUNE Enjoy excellent dian xin served on a trolley for lunch. Lunch: 11:30 am 2:30 pm (Mondays Saturdays) 10:30 am 2:30 pm (Sundays Public Holidays) Reservations: 224 3922 cctyou* I Managed by Mandarin Singapore 7th Floor, Overseas Union House. Collyer Quay Singapore *****1 Tel: 224
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      849 23 The Business Times, Tuesday, May 29,2001 TVF:fH« m,i,i, a i aOO Apple Pie. BJ3Q tonight With Chor 1L34 Asian Weddings (R). 830 Exchange Lives. Meng. HOO NN CNA Today. B__ 4.00 PM Men Are From 930 Healing Hearts. 100 Heroes in Black. IX3O PM Business Lunch. Mars, Women Are From
      849 words
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 2
      296 23 CBTPTIC CROSSWORD ACROSS 5 Fruit taken out of a can made 1 Remarkable stair covering *****1 A used for a flight? (5,6) Secure end of tether around 9 Iran agent working for another 9°°d beast (5) countiy(9) 7 Start of year bnngs rise for 10 One used in nan bread,
      296 words
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  • CAMPUS life
    • Article, Illustration
      Lock icon Tertiary education with added challenge
      1049 24  -  Studying for a degree in Germany offers many advantages once the language barrier is overcome, as mki.ibka sm discovers MELISSA SIM Germany is probably best known as a holiday destination, but an increasing number of students are choosing it for tertiary education. And why not?
      1,049 words
    • Article
      Lock icon Heartfelt lessons
      609 24  -  from melboume By] Eve Anwar The writer is a second-year medical student at the University of Melbourne HOMESICKNESS the bane of the overseas student. The absence of familiar faces, places even food, is bound to make you feel low. Some of my friends transferred home at the end
      609 words
  • Page 24 Advertisements
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      1466 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SW INVESTMENTS PRIVATE LIMITED (In Members' Voluntary Liquidation) AT AN EXTRAORDINARY GENERAL MEETING of the abovenamed Company duly convened and held at 30 Marsiling Lane
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      Lock icon Page 24 Advertisements Column 2
      16 24 From noodle houses to hair salons, find them all in The Straits Times Classified. j| HBHH
      16 words
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      Lock icon Page 24 Advertisements Column 3
      89 24 Campus chat: This is a chat-link between undergrads and parents. So if you are an undergrad, we'd like to hear from you what life on campus like. And if you're a parent, tell us your concern regarding a university education for your child. We also welcome feedback and suggestions from
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  • KNOWLEDGE economy
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      Lock icon Why did dotcoms crash?
      2187 25  -  Trading with little or no knowledge led to the inevitable, but some of these companies will be profitable in the long run, says Micitftßf. lob MICHAEL LOH The writer is Principal Practice Leader for e Business Strategy Change at IBM Global Services. The views expressed here
      AFP  -  2,187 words
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  • New Asia Biz Woman
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      Lock icon New book spreads gospel of happiness
      80 26 ANDREW Matthews continues his crusade to spread the gospel of happiness with the launch of his new book, Being a Happy Teenager (Seashell Publishers, 2001), which, judging from its title, aims to bring joy into the lives of angst-filled Generation Y-ers. Filled with cute
      80 words
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      Lock icon The sky's not the limit— there's no limit
      935 26  -  TAK HWEE BWEB meets Julie Matthews, the strategist behind ttie Andrew Matthews publishing phenomenon TAN HWEE HWEE EVERYONE in the publishing industry knows it's probably easier to sell diseased cockroaches than selfpublish a book. Maybe, if you're lucky, you might flog some
      ARTHUR LEE  -  935 words
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      61 26 t, 1 MONDAY TUESDAY J > WEDNESDAY THURSDAY Executive Money, Money Matters Motoring FRIDAY SATURDAY m JH jMNNP JV MM Bhm Mf£ M MMIH MM mm Mmtmm M bbi Vkpr MJm WmMtmWMiwr wm wm wmmm wmmtrn mm *v More than just business news. Six days a week. i ik—i <imi"~
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MAREET
      299 27 Reuters THE Baltic Dry Index (BDI) fell seven points to 1,416, the Baltic Panamax Index (BPI) dropped 17 points to 1,425, the Baltic Handymax Index (BHI) shed 22 points to 9,486 and the Baltic Capesize Index (BCI) was down one point to 1,767. TIME-CHARTER: ♦Mariner (built 2001) 76,000
      Reuters  -  299 words
    • Article
      Lock icon MARITIME STOCKS
      308 27 sex 'ooo M*2S S$ Vol CWT Distribution.—0.60 0.01 3 ChuanHup 0.31 -0.01 324 Cosco Investment—Oil -0.01 1598 Freight Links 0.09 -0.01 330 CB Holdings 0.41 unch 30 IMC HoWings-HK 5.60 unch 0 Jay* Holdings 0.16 unch 205 Keppel Corp 3.54 0.08 1033 Keppel FELS 1.02 -0.05 565 Keppel
      308 words
    • Article, Illustration
      Lock icon Singapore marine industry turnover down 11.5% last year
      653 27  -  Competition from Chinese and Middle Eastern shipyards poshes down fignre to 552.76 billion By] Donald Urquhart [SINGAPORE] "Fierce external competition" from lower cost Chinese and Middle Eastern shipyards pushed Singapore's marine industry turnover down 11.5 per last year. According to the Association
      653 words
    • Article
      Lock icon Banks must face oil spill liability, says ship manager
      290 27 Reuters [LONDON] Banks that finance rust-bucket tankers should be held liable for the costly oil spills they cause, a leading maritime administration said. International Registries Inc (IRI), which manages the Marshall Islands ship register, said the only way to prevent ecologically
      Reuters  -  290 words
    • Article
      Lock icon Cargo ship sinks in Malacca Straits
      405 27  -  It had earlier collided with a tanker; all crew safe By Beth Jinks [SINGAPORE] A Singaporemanaged cargo ship sank in the Malacca Straits following a collision with an oil tanker early yesterday morning. All 12 crew of the Panamaflagged Singapura Timur were rescued by
      405 words
    • GAS transport
      • Article, Illustration
        Lock icon Fredriksen s new tanker baby already heavyweight
        575 28  -  With six ships in hand and two in the pipeline, Golar has already taken the lead in the gas transport sector Pete Harrison Reuters I LONDON SHIPPING magnate John Fredriksen is Norway's richest man, his tanker company Frontline is the world's triggest, and
        Reuters; FILE PHOTO  -  575 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      179 28 PAGE Appenship 5 Assets 5 Austral 6 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 Colony Log 5 Columbus 6 CSAV 3 II Central Ex 6 Cho Yang 5 China Shpg 5 H Cougar 7 II CWT Gtobehnk 7 Delmas 4 Ojak Lloyd 6
      179 words
    • Article
      Lock icon SHIPPING GUIDE
      15126 34 THEBUSINESSTIMES THEBUSINESSTIMES Page 8 EXPORT TUESDAY, MAY 29, 200 ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number x V V P* To ABIDJAN (ABJ) 2003 Cote D'lvoirc 06/04 18/07 COSCO HUMEN BRIDGE 0017W 65-*****00 11/06 08/07 Kien Hung EXCELLENCE CONTAIN EC103S 65-*****33 11/06 14/07
      15,126 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        801 37 Vessel Voy No Berth Arrival Departure JM| M M Pan Nor ***** J01 28/05/8:45 28/05/11:45 Bt Merlin* ***** J01 28/05/8:40 28/05/13:30 Bt Cakra ***** J01 28/05/8:30 28/05/2040 Ck Own 9521 JK 28/05/7:50 28/05/2240 Ait Fighter 9565* M 28/05/8:25 28/05/2359 Auto Stray* 15/01 J02 28/05/8:10 28/05/2040 Winstar 8 024S01
        801 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1990 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CAROO Booking/Mum Rstls Ship Voy No Etb/Btr Nrtod Frew To Frow A« DAHLIA 035A 29/030 8 27/1500 27/899 17/TWO 2A 27/1700 21/0659 20/0*00 20 27/1700 20/0699 20/0900 3 21/0700 20/189 20/1400 4 20/1200 20/145* 20/1700 ACIHWSCUS 0520 29/23-00 8 27/800 27/100
        1,990 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        170 37 Jane 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of Prophet Mohammed SAW New Zealand: Queen's Birthday Ireland: June Holiday Germany: Whit Monday Janet South Korea: Memorial Day June 11 Australia: Queen's Birthday June 12 Philippines: Independence Day Jane 25 Hong Kong: Tuen Ng Festival Taiwan: Dragon
        170 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        767 37 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        767 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        536 37 Carbon 180 Mu 964.1 0.5 12.5 0.07 40 0.03 May 24 Density Water Residue Ask Aluminium Sadlmifrt No above E25 0 0 0 0 0 0 380 Ave 9852 0J 13.5 0.06 20 0.02 Cum 380 MU 990.6 0.8 16.3 0.08 45 0.04 «t/W3 m/m mai
        536 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon IATA airlines post US$2.8b profit last year
        570 38 Bat earnings on international routes amount to nnder 2% of overall revenues Reuters [MADRID] World airlines returned a small profit of US$2.B billion on international services last year, well under 2 per cent of their overall revenues, the head of the industry's global
        Reuters  -  570 words
      • Article, Illustration
        Lock icon Air France sees demand drop in Paris-Marseille route
        312 38 It faces more competition from domestic trains Bloomberg [PAßlS] Air France, which dominates air travel within France, said it expects demand for flights between Paris and Marseille to fall 25 per cent once the French rail begins offering faster links between the
        Bloomberg; FILE PHOTO  -  312 words
      • Article
        Lock icon Australia's Macquarie Bank to start 500m euro airport fund
        308 38 Bloomberg [SYDNEY] Macquarie Bank Ltd, Australia's only publicly traded investment bank, is seeking to raise 500 million euros (***** million) from professional investors to set up a fund to invest in European and Australian airports. The private equity fund, called Macquarie
        Bloomberg  -  308 words
      • Article, Illustration
        Lock icon Qantas says Virgin Blue may not last for long
        315 38 Bnt Branson's airline vows to stay and fight competition AFP [SYDNEY] Virgin Blue, the no-frills airline launched in Australia by British billionaire Richard Branson last year, is unlikely to survive in its present form, Qantas predicted yesterday. Qantas Airways executive general
        AFP  -  315 words
      • Article
        Lock icon Virgin signs A380 deal
        109 38 AP [LONDON] Virgin Atlantic has signed the final contract for six Airbus A3BO superjumbo jets for undisclosed terms. Virgin said on Thursday it expects first delivery in 2006. It has options on six more of the planes. Virgin said it was the first European carrier to
        AP  -  109 words
      • Article
        Lock icon EC gives green light to Lufthansa-BMI-SAS tie-up
        164 38 AFP [HAMBURG] The European Commission (EC) has decided to give the green light to a tie-up between Germany's Lufthansa, BMI British Midland and SAS Scandinavian Airline Systems, the Financial Times Deutschland reported yesterday. The decision was taken internally, but the airlines' competitors have
        AFP  -  164 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1784 38 on FU6HT ETA FU6WT n» IMM( AN229 2230 LH6380 2230 $0229 2230 A—t«rMi $023 0635 UVA 0130 KU37 1455 KU38 22S5 S024 2335 UlHHrtu 112 QMS mm $0347 OHO WO 2255 IMM IH6987 1900 N***** 2045 N223 1900 $0285 2045 SOUK 1900 N***** 2045 $0206 2045
        1,784 words
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      Lock icon Page 27 Advertisements Column 1
      241 27 Fredriksen's new tanker baby heavyweight Pg2 ■lATA airlines post USs2.Bb profit last year BackPg Optimum Logistics has elected Kenneth Morse and ■MpfH David Mushin to its board of directors. The pair will serve with IP chairman Sam Cooperman, Jacod Stolt-Nielsen, John Walkley and Chris Wright on the US Internet-based bulk
      241 words
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      Lock icon Page 27 Advertisements Column 2
      141 27 We are pleased to announce that with effect from 4 June 2001, EVERGREEN SHIPPING (S) PTE LTD has been appointed as agents for LLOYD TRIESTINO Dl NAVIGAZIONE S.P.A. M The effective vessels are as follows: a) Ever Result 0865RE-036 eta Spore 2/6/01 b) Ever Dynamic 0940RW-015 eta Spore 4/6/01 c)
      141 words
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      595 28 NORTH AMERICA GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (SSX) QULF KARACfrW EXPRESS (QKX) VESSEL VOY LGI IT—"l HUANG VfSStt VOY Jtt DMN MB SM PM NIDUOYD ACCRA Oil 20/04 21/06 23/069 01/07 NIDUOYD CLARENCE 01E 23/05 24/0$ 24/05 01/0* OOCI NEW YORK 13W19 16/05 03/06 05/06 NYKVKGO 45C 30/05 31/05 02/06
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      88 28 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Mono Kong > All China PorU lEVEHY THUR 1 SUN VESSEL! VESSEL VOY ETD SIN ETA TYO ETA K0» ETA YOK ETA WGO ETA OSA MED
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      731 28 lines services represented by CM$l Members ol R.gi*y of WemUrs l.l§Ba Accttted Shipping Agenb, '"SI""" \m jy Singapore Shipping Association ssoci on jg|j ULY UNE MALE I vessel Tvoy [eta Tn* Tn* P. KLAMG SPORE MALE Empress Lily VO5Ol 06/06 07/06 15/06 Princess Lily VO5Ol 21/06 22/06 30/06 Empress Lily
      731 words
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      1172 29 TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI CM MEM ATI NYC AH SCOTLAND 101E 30/05 14/06 19/06 19/04 19/06 19/06 20/0* 19/06 21/06 21/06 API CYPRINE 102E 06/06 21/06 26/06 26/06 26/06 26/06 27/06 26/06 21/06 21/06 An nun 103E 13/06 28/06 03/07 03/07
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      1999 29 19 ANN T/TllO DAYS JEMAH T/T: 12 DATS W AQABA T/T: 15 DAYS GENERAL AGENTS IN SINGAPORE: 80 ROMNSON RD# 12-00 SALES/BXGS TEL *****57/43 FAX: *****21/71 MALAYSIA Offltl: PASIR GUDANG TEL 07-*****66 FAX: 07-*****70 CASTAS SHIPPING PTE LTD SINGAPORE *****8 OUTWARD (8/1) *****02 *****25/75 PORT HANG 03-*****633 03-*****668 ««»im7MMOOM TIL
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      1334 30 SENATOR LINES TO EUROPE IOMBDKIMSF/iMI/HDflMk ,v IWWTi W WWW vtssa vot aw ia m w mi w m «ssa vot an ni »o NAHM MM 0014W 72.05 01.06 10.0* 11.0* 12.06 1106 lU6 FOWMHT 0014W MJS (2J6 HJ6 MM MM HAJUN Kt&UNG 000JW 25.05 I6M 17.06 MM ISM lIM AUUOf
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      979 30 PDMMQ; I^ a«WK»B BURA■AWLWMSH p.Kßjw<Q:(M)aita»rr jmt(ti)wn« kuci—opag mm* LONG BEACH 1 BARCELONA/GINO* MV "HANJIN LONDON" V.035E MV ETA SIN: 03-06-2001 YOK/TYO/KOBE/OSA CALCUTTA MV "ASIAN POLLUX" V.N202 MV "SUNNY ONE" V.SO23N ETA SIN: 03-06-2001 ETA SIN: 01-06-2001 SHANGHAI HAIPHONG MV "PROVIDER" PVD 012 MV "VAN XUAN" V.I3N ETA SIN: 05-06-2001 ETA
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      321 30 THE NEW SERVICE to the FAR EAST FROM IST JUNE 2001 NHAVA SHEVA NHAVA SHEVA I t COLOMBO COLOMBO i t SINGAPORE SINGAPORE i t HONG KONG HONG KONG i t BUSAN ►SHANGHAI mmk Singapore FAR EASTBW SERVICES PTE. LTD. TEL *****55 C.R. NO. **********0 M HOT LINE: *****15 FAX:*****11
      321 words
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      1390 31 IVESSCL VOY KHH HKG I SIN PKL DXB OAS PMM UK IRAN KERMAN PCL-209 29/05 30/05 02/06 03/06 10/06 11/06 13/06 15/06 IRAN ISFAHAN PCL-210 05/06 06/06 09/06 10/06 17/06 11/06 20/06 22/06 IRAN HORMOZGAN PCL-211 12/06 13/06 16/06 17/06 24/06 25/06 27/06 29/06 IRAN TEHRAN PCL-212 19/06 20/06 23/06
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      362 31 Loading for 1 OCEAN RANGER RDM/ATW/BMNAJK I EFESSOS RDM/ATW/BMN/UK I Loads Singapore. E/W. Malaysia, Indonesia Loading for SEA RENOWN DBI/ABU/DOH/BRN/DMM/KWT PAN EXPRESS HOOJDH/AQA L DIMfTROVA JDH/AQA PAN QUEEN DBI/ABU/DOH/BRfi^DMM/KWT PEUNOVO DBI/ABU/DOH/BRN/DMM/KWT EVERISE GLORY JDH/AQA •Loads Singapore, E7W. Malaysia. Indonesia I Loading for 1 OCEAN EVER MZL/CAM/NFK/SAV/NCX- I IDEE FIXE CAM/NFK/NOL
      362 words
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      1267 31 EXPORT i i i i i i i I IMPORT ■SmiMrtni t nFJiM I-tifL liirlaJ uuhk' Imwtlnnti 03Sf 10/05 12/05 14/05 17/05 03/06 QIJW *05/06 nm' m: lim: 26/06 -71Ml M IHJMUSSIIS 006 C 17/05 19/05 21/05 24/05 10/06 ;9!6W 112/06 121/061PL/07 02/07 03® 04/07;05/07 tHJ ATHENS 0051 24/05 26/05
      1,267 words
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      891 32 BI2ESEI EUROPE/UK/SCANPINAVIA EXPORT VBSBI/VOTAH SGP ROM HK BHV THP ZH LHV lIURSUU 0097-019» m> 2Q/06 22/06 24/06 1 LOVNMMCOMOMIMIIS 04/06 ZZ/D6 ZVD6 25/06 I 27/06 I 2*06 lIUHE *****10* IQ/Dfe 27/06 29/06 01/07 E. DEVOTE *****W<)19 11/06 29/D6 IVtt 02/07 OVO7 05/07 EAST AND WEST MEDITCRRANEAN/WLACK SCA EXPORT VESSEL/VOYAGE SGP
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      370 32 ASAMAN PWUN GUIF/MDIAN SUB COMHMNT HRVKi KPORT VESSEL VOYAGE SGP CM! DM DMN KM NXV ARM JED AM SING HE 0172W 01/04- 12/04 14/04 11/04- U GRACE 0801-085W 02/04 07/04 COSCO REDSEAOOOB-03SW 04/04 08/04- 14/04 14/04 18/04 UNI PATRIOT 0448-014W 05/04 09/04 15/04 16/06 22/06 U GLORY 0802-098W 07/06 12/06
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      955 32 ■AWOKOWW UHWT/LAMM CmMMQ vpsa vot |$w I»« wp I ioi rasa I vor I si jkt I pjn ANANIHW A 217N 30/05 03/04 01/04 gg 44TS 30/05 03/0* pw- ?>w Jim m. ~m jjSGjj—™— (HANAIHUM 175N 30/05 03/04 07/04 U*Wt OW 07J)4 NANIA (HUM 550 M 02/04 04/04 05/04 |AMAIQ}}V
      955 words
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      535 32 INDONESIA NATIONAL LINE TO AUSTRALIA "T FULL CONTAINER SERVICE va vot IH6 stT m w stp m it> m m tflMffl 3CS |M/ 06 05/06 11/06 17/06 19/06 22/06 FOTSMM 10S |11/0612/06 22/ M 24/06 26/06 29/06 WTKfB ~OK |U/06 19/06 2S/06 "T-~ 01/07 03/07 06/07 nmtMM I «8S 125/06
      535 words
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      422 33 BSfl x iUHE MYANMA wBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU BAGO 11BW SID MONG LA 45W SU) MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL* TEL 03-*****300 PKL TEL 03-*****101 PEN: TIL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A sfvio of Adrtw
      422 words
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      433 33 HMM^ HYUNDAI MERCHANT MARINE CO., LTD. INTRODUCING NEW RSk f J 11 1 r«l J B ■>] B 111 > niiMV »J !ISMH 9l 'ITJTtf^^EM r >' fc^» f^MHHMHMCHMBMBP^ A w^CTP^BTffKfWWr^Egl^K^MMPcy* i < I •V-. v *iV -A Vvv CALLING SINGAPORE EVERY SUNDAY MAIDEN SERVICE APL FRANCE V.IOIW/ETA SIN 17
      433 words
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      985 33 vOOv WALLENIUS WILHELMSEN TO MOIHH AHD UTIM AMERKA ROUP HEAVYUFT SEUVKI' Ivissa vor nw might sin i lic i map mia 1 sav »al our myc new moo TOM AH) II 4001 MS 6.3 M W/06 15/07 11/07 20/07 22/07 23/07 25/07 29/07 31/07 TARONGA AMII3 4001 m 6.3 M
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      76 36 [rat] SINGAPORE PTE LTD W I 13 McCallum Street #03-01/02 N»tweil Centre Singapore *****5 Fax: (65) *****66 Email: general9ecusin.eculiDe.net Website: http://www.eculine.net Premier Weekly Feeder Service To SRI LANKA INDONESIA INDIA Jakarta, Semarang, BANGLADESH Belawan, Surabaya See Page 4 Call: 220 3373 FREMANTLE KYOWA LINE COCOS CHRISTMAS ISLAND WESTERN AUSTRAL| A
      76 words
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  • Page 37 Miscellaneous
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      120 37 Issued by Meteorological Ser^^^^pore K Thunderstorm p ain Temperature Wind direction and speed in knots 1' Ha,n Weather Cloudy Day c** 3 Hazy Sea Conditions Wind speed symbols Slight < 12m O Full circle w/o line indicates calm or light and variable winds -i—-One hall Heche represents 5 knots 0
      120 words
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